Alex SC wrote:

GreaterKCHomes wrote:

worldinvestor wrote:

DHCP wrote:
That is a good point, WI.It is common in Atlanta for the CAC to be stolen. The property that I'm about to settle, its CAC was also stolen.I'm interested to hear the post of others about this also.

When you consider that each unit will cost you around $2600 and I believe…[Read more]

Cheeves. Did not think about sub well pumps ooh

I just had my first one stolen in Portland a few months back

Commercial units are on roofs all over the country

At the end oof the day there is also the higher end units that do not require the out side unit

We put them in new construction

It’s a real issue that is why I personally know that…[Read more]

been there done that many times with uncleWhy is your closing agent just telling you about this so far down the track… Did the lien just pop up or has it been there a while.One thing I like about title insurance and closings on the West Coast the title plants are all digital and you have instant access to normal title abstract items. I can call…[Read more]

property management is a necessary evil.If you do not like what they charge, try it ala CarteI do that with my high end rentals I let the rental company advertise Screen then place tenant then I take it from there. I handle collections and maintenance. And pay the co. the placement fee and nothing else.works well for me. but these are not blue…[Read more]

thats cheap, hope they can stay in business only charging 50 bucks.the key will be if tenants stay more than 6 month or a year.

Ok I am going to take this one on because its a great point and agree or not. Guys like Alex, myself Cheeves, the Detroit guys KCall have far more real world experience than any of these Book Hawkers and tape and mentoring systems.Your own guy that either owns this site or whatever and has the power pack he is doing basically the same thing only…[Read more]

emma171 wrote:
Karina forwarded this to me and I feel compelled to respond (also just read the myriad of other names). Greetings – I don't post on forums and have only attended one other forum (I got thrown out of a Dymphna Boholt seminar… long story) and only then to help people with general questions that eventually grew to be a business…[Read more]

CheevesFinancial wrote:
Long Island is pretty stagnant right now.. So are the NJ suburbs..  There may still be a significant drop in these areas.  I am referring to the condo market in areas on the waterfront within 10 minutes of Manhattan by bus / PATH / Train.  Inventory is down in these areas and absorption rate is 25% better than last De…[Read more]

Lord Knows I would love to come to Florida bout now, Oregon is BRRR cold this year. Although not as rainy as usual and I can see mt. Hood today from my home office window and thats always spectacular.

Are you going to Google.AU   Google.GB  and so on so you can get google searchs in the countries your interested in?

there ya go, why time the bottom when you can get deals like this what did you spend on Reno… Looks like the airconditioning unit had been stolen as well.what city is this in ?

World Investor.All good questions.  1. Prices falling,,, In atlanta who really cares if they fall 10 or 20% are you going to sell tomorrow???? The prices are already off market hi's by 50% or better. The prices are now down so low that 10% drop means 4k big deal.  10 or 20% drop on a 400k home is a big deal. So those that do not take action th…[Read more]

BuyLandOnLine wrote:
Light rail is not a failure, it is the way of the future, it needs to be paid for and will be paid for even if my pretentious neighbors in their suv's fight it tooth and nail, they don't want bus service either, it allows the riff raff access to our pristine community. Snobs

Stu I think its common knowledge here in…[Read more]

thinkpic wrote:
Thanks, particularly to jayhinrichs for your thoughts. They were timely and much appreciated.

Hope it helps in your thought process and your investing.I am still waiting though for folks to weigh in on my question..Stable markets Vs a vi Massively defalted markets   to be or not to be that is the question.I would really like t…[Read more]

I don't know Stu,,, things go in cycles.  The pearl was hot and south water development they could not give the remaing inventory away and converted to apartments. And their are new apartments being built I see Urban city stuff going more renter.there is always going to be those that want a yard and space, only so many people want to live off of…[Read more]

Your talking about depreciation recapture, tax reform of 1986…If you depreciate the asset then sell it the subsiquent new basis is the cost minus depreciation. This assumes you put no money into the property over the life of the ownership, which in a rental even a higher end one is not going to happen so you get to add back in to basis those…[Read more]

my point exactly failed investors. takes a pro to keep these properties working right. not a absentee landlord

Well with the US economy only the weathly can afford round the world trips. So hats off to you folksKeep bringing those foriegn dollars in we love it.buy the better props like your doing and you will be much farther ahead. Also at 115k I would venture to guess your not netting 20% ROI on that investment, something far less but you can sleep well…[Read more]

Alex SC wrote:

jayhinrichs wrote:
Probably the banks selling their own inventory would be my guess.and a smart move for the banks in my mind the Aussie investor with 20% or more down is a better credit risk than a nothing down US owner occ. Dual sources of repayment… One rent  two investor.

Jay we been talking with Danny and his…[Read more]

Alex SC wrote:

quickchick wrote:
Sure, Jay. We'd like to hear your thoughts!The only thing I can think of, if stuck with a property that is not delivering, and does not seem to have any solutions, is to sell.If anyone wants to buy it!

Yes and no  some banks selling properties super  low because they are stuck. Some investors make big mi…[Read more]